Income Tax Calculator Canada

Find out how much your salary is after tax

Enter your gross income

Salary rate

Withholding

Salary $8,300

EI deduction - $18

CPP deduction - $67

Federal tax deduction - $2,303

Provincial tax deduction - $1,427

Total tax - $3,816

Net pay * $4,484

Marginal tax rate 53.5%

Average tax rate 46.0%

46%Total tax

54%

Net pay

The Taxberg

$4,484

Net pay

$93

Tax the employer pays

$3,816

Tax you pay

Total tax paid

$3,909

Did you know your employer also pays tax on your salary? It costs the employer $93 to pay you $8,300. In other words, every time you spend $10 of your hard-earned money, $4.71 goes to the government.

Real tax rate

46.6%

So, with you and the employer both paying tax, what used to be a 46% tax rate now rises to 46.6%, meaning your real tax rate is actually 0.6% higher than what it seemed at first.

Summary

If you make $431,600 a year living in the region of Ontario, Canada, you will be taxed $198,430. That means that your net pay will be $233,170 per year, or $19,431 per month. Your average tax rate is 46.0% and your marginal tax rate is 53.5%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of $100 in your salary will be taxed $53.5, hence, your net pay will only increase by $46.5.

Bonus Example

A $1,000 bonus will generate an extra $465 of net incomes. A $5,000 bonus will generate an extra $2,325 of net incomes.

Province

AlbertaBritish ColumbiaManitobaNew BrunswickNewfoundland and LabradorNorthwest TerritoriesNova ScotiaNunavutOntarioPrince Edward IslandQuebecSaskatchewanYukon

Tax per income

$8,500$9,000$9,500$10,000$10,500$11,000$11,500$12,000$12,500$13,000$13,500$14,000$14,500$15,000$15,500$16,000$16,500$17,000$17,500$18,000

Tax per region

Country	Net pay	Average tax	Rank
Nunavut	CAD 265,184	38.6%	1
Yukon	CAD 258,691	40.1%	2
Northwest Territories	CAD 254,258	41.1%	3
New Brunswick	CAD 230,179	46.7%	11
Nova Scotia	CAD 226,018	47.6%	12
Quebec	CAD 226,328	47.6%	13

NOTE* Withholding is calculated based on the Ontario tables of CA, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. This document does not represent legal authority and shall be used for approximation purposes only.